Pardon me, Paul - these might be the wrong notes here.
With respect to nostalgia, let me say that I love vintage and historic things as much as the next guy, although I may be cheaper than Richard in my way of collecting them .
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However, ... I am really emphatic about this - I am unwilling to go back to horse buggies, ship travels, cholera, high infant mortality rates, etc. Although I do not need Mercedes S666 (I just made the number up) like Robin, but I embrace the modern - not everything, but a lot - with gusto. I do also think the cleverness of the modern artisan is same or higher - they are producing different things - like cell phone apps and scar-tissue-free plastic surgery, and the like. Unfortunately, there is a price of this progress. Each of us has make our own separate balancing act between past and the present. I have a nephew who offered couple of years ago to wash my car every Sat for an year for an iPod. I offered to give him another MP3 player for free, if only he will finish his homework for the weekend on Sat itself. He refused.
Which brings me to Paul's question. I think it is always a funny dance between a product/service provider and the buyer. Everybody would prefer tomatoes that taste and smell like tomatoes, right? Then how will you explain the tasteless, smell-less, reddish ball-like vegetable in almost all supermarkets in America? If I had to explain, I will say the following - because most people would not want to pay little extra for the aromatic, tasteful tomatoes - that is why!. And, therefore, suppliers could make a few pennies and survive by providing the tasteless, odorless junk. If you wanted good tomatoes, what can you do? Pay through your nose and buy some from gourmet stores, or farm your own. Not really good options for most people. (By the way, our great artisan ancestors too have had to make these types of choices, but about different matters.)
That was a 'bad' example. There are good examples too. I live near Boston. I probably spend as much on health care as anybody else anywhere else in America. Let me tell you, I have lived in other parts of the country. I can tell you categorically that I get significantly higher value for my health care money in Boston than in other places. Why is that? Highly evolved and competitive medical entities and infrastructure! But, tomatoes too have cut-throat competition and cannot be much more 'evolved' - but that has not helped in bringing to market the best tomatoes.
If you respond to this, please don't give me explanations based on your political ideology - let me preempt you by saying politics has little to do with this phenomenon.
Let me repeat. The dance between the buyers and sellers is complicated. In general, if there are lots of buyers, they do not have much power individually. You'd think, if there are lots of sellers you might get a break. Not always true - America has the largest number of lawyers currently than it has had
cumulatively until few years ago. You'd think you can get a lawyer at a reasonable price to fight that speeding ticket? Guess again.
So, what about managing expectations? (1) We can write and rail till the cows come home, but the market will evolve on its own - imagine what it would take to influence the fast food industry (2) If the expectations are not being met, there might be an entrepreneurial opportunity there, but one will never know until one tries it.